Table of Contents
Pros: What I Liked
He is transparent about how much you can get in eBay dropshipping.
He posts tips and recommendations on building your eBay dropshipping business on his social media acc.
He clearly says how hard the dropshipping business can be.
Cons: What I Didn't Like
The profit in dropshipping is generally low.
It can be financially risky because a dropshipping store won't have any income if you don't take the time to advertise.
Facebook ads are pricey and difficult.
Are you thinking of trying to start your own online business? Or have you ever looked for tips on properly advertising your products? Take a seat, sip your coffee and read this Ecom Tom review because this might be what you are looking for!
Dropshipping University isn’t too different from most dropshipping courses.
Sure, their marketing makes some great promise you haven’t heard from the other dropshipping gurus, but at the end of the day, no magic bullet overcomes the massive pitfalls of this business model.
Let’s get something clear:
There is NOTHING passive about dropshipping, no matter how well most course creators sell the dream.
If you want that travel-the-world-making-money-while-you-sleep-laptop-lifestyle, dropshipping isn’t for you.
To run a successful dropshipping business, you need to be constantly on the lookout for new products.
Scouring the internet for hot trends and trying to find the next fidget spinner will take hours out of your day.
Not to mention, it’s not enough to just have the hot new product…
You also need to get the customers.
That means ads…
Lots and lots of ads…
Testing, tweaking, targeting, spending thousands if not tens of thousands of dollars before breaking even.
Not to mention, Facebook hates dropshipping, meaning one of your top traffic sources could shut you down at any time.
All of this leads to a very stressful life, not a lot of money, and a lot of time wasted.
Time that could be better spent so you can actually live the life you want.
Now, what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Physical Products
- Low Margins
- Long Wait Times
- Angry Customers
- Thousands of dollars testing different ad campaigns
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day running ads, researching products, and trying not to get banned by whatever platforms you’re using?
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is nothing like dropshipping, and that’s probably a good thing.
However, if you’d still like to know more about Dropshipping University, keep reading.
Who Is Ecom Tom?
Ecom Tom’s real name is Tom Cormier, though he goes by the stage name of Ecom Tom in his Youtube videos.
Ecom Tom has 36.2 k subscribers on his Youtube channel and has been around in the make-money-online space.
He graduated from Worcester Polytechnic Institute with a Bachelor of Science – BS in Chemical Engineering at the year 2012 – to 2016
He is an internet marketer and claims to have earned over $1.4 million on eBay and runs several successful online businesses earning $200,000 per month.
Ecom Tom’s courses specialize in the latest eCommerce and marketing industry trends, such as the Amazon course and eBay course.
In the first few months, Ecom Tom had little more than 12,500 members and many films on themes such as eBay, selling strategies, and Amazon.
Along with Ecom Tom’s clickbait videos, he also offers live streaming and other subjects.
What Is Ecom Tom’s Net Worth?
Ecom Tom’s Youtube Channel’s net worth through this Apr 2022 is estimated to be $9,876
It is also guessed that the daily income in his channel is $11 and $4,921 yearly.
Though the estimated computation, Ecom Tom’s net worth still doesn’t have his other income networks, such as his Amazon course and eBay Course.
Most of the time, the Ecom Tom’s youtube channel is used to promote Ecom Tom’s courses in Dropshipping, though what is it technically?
What Are The Dropshipping University Courses?
Tom Cormier founded the Dropshipping University. It is powered by Kartra, a renowned and respected all-in-one platform.
It presents two courses. One is the eBay course, and the other is the Amazon course.
Dropshipping University is a school that teaches you how to promote and sell things that you acquire from suppliers and ship straight to your consumers using the eBay platform.
Dropshipping University Pricing
- Dropshipping University is not cheap and might be quite expensive and overpriced.
- The marketing costs of the eBay dropshipping course are about $479, and the Amazon course is $697.
- Though the course might be on the high side, according to some Dropshipping University reviews, you will truly learn from it.
- Let me further explain the courses!
Amazon Dropshipping Course
According to some Dropshipping University review, Ecom Tom’s Amazon course does not focus on dropshipping.
Amazon will assist you in shipping the merchandise and receiving returns.
This Dropshipping University course comprises 14 courses and will take around 15 hours to complete.
You will get access to 14 courses covering a variety of subjects, such as:
- Getting Started with Amazon Dropshipping.
- Obtaining high-profitable products
- Inventory and listing management
- Customer service and sales processing
- Tracking, feedback, and organization
- Margin maximization and tax exemption
- Topics for advanced students.
In addition to the courses material, you will get over $2,000 in self-rated extras, which include:
- The top fifteen secret suppliers
- Guide to International Tax Exemption
- Calculator for profit margins
- Special software discounts
- Accounting and bookkeeping templates
- Templates for Amazon suspension appeals
- Product sourcing documents
- Scripts for customer service
EBay Dropshipping Course
The eBay course at Dropshipping University is quite basic or easy to learn. There are only 14 modules and 67 videos in this dropshipping training.
It is separated into different modules that will help you learn the basic process of dropshipping eBay.
You may read this to learn modules separation:
Module 1-2: Introduction to Manual eBay Dropshipping
The manual eBay Dropshipping is just the introduction to what you need to do with dropshipping eBay
Modules 3-4: Obtaining High-Profitable Items
You will also learn how to locate a reliable source for your goods.
Modules 5 and 6: Inventory Management and Listing
The Inventory management and listing session will teach you how to list your goods on eBay. You will learn how to create product descriptions and optimize the title and photographs for increased conversion.
Modules 7-8: Processing Sales and Customer Service
Processing Sales and Customer Service session teaches you how to make payments and provide customer assistance.
The customer rating on eBay has a significant influence on your sales. Therefore, you must understand how to satisfy your customers.
Modules 9-10: Organization and Feedback
This session focuses on obtaining favorable feedback from consumers to establish a reputation on eBay.
Modules 11 and 12: Margins and Tax Exemption
The Margins and Tax Exemption topic focuses on increasing profit margins. Ecom Tom will recommend that you utilize cashback credit cards. You will also discover ways to decrease taxes.
Advanced Topics (Modules 13-14)
The session aims to teach you how to use sales methods to enhance your sales.
Is Dropshipping University A Scam?
So, Is Dropshipping University A Scam? Not technically. You can make money with this program, but it’s definitely not as easy as Ecom Tom makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months, $3-5k in the hole on ads (because that whole “get started with $5 a day” thing is total BS) and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike dropshipping, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To Dropshipping University?
Yes, there are plenty of Dropshipping programs and resources to choose from if you want to pursue this business model. Here are just a few:
Our #1 Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With dropshipping, you don’t really own anything. You have no control over the quality of products. You don’t even own the products because they go straight from the supplier to the customer.
Yes, if you’ve got a Shopify store, you technically own that. But if every ad platform suits you down, you’ve got a store with no customers. Which is literally worthless.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: Ok, so technically you don’t have to worry about inventory since you’re not filling up your garage or a warehouse with products.
But, you still have all the headaches of a physical products business.
Since most dropshipped products come from China, you already have a 2-3 week wait time from when a customer places an order.
But right now, with global supply chain issues, your customers would be lucky to get anything in less than a month.
Imagine finally landing your first customer after months of experimenting, and then getting hit with a refund request or chargeback because they had to wait 6 weeks to get their order.
With Digital Real Estate, a 100% online business, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with dropshipping, you’d have to double your inventory, your profit margins, OR your average order value. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. 99.9% of the time, dropshipping provides no value to anyone but the seller.
In a lot of cases, it has a negative impact on the customer because of poor product quality and an overall bad experience (i.e. waiting 6 weeks to get your order).
And that makes it pretty hard to sleep at night.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Dropshipping University which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.